Tata Steel has raised USD 1.3 billion through bonds
Tata Steel has raised USD 1.3 billion via issuance of unsecured bonds in international markets. In a regulatory filing the company stated, “The issue comprises...
Tag : tata steel
Tata Steel to acquire 74% stake in BPPL
Tata Steel will be acquiring 74% stake in Bhubaneshwar Power Private Ltd (BPPL),from JL Power Ventures Private Ltd for Rs.255 crore. This acquisition will help Tata...
Tata Steel promotes T V Narendran as global CEO & MD
T V Narendran, has been promoted by Tata Steel as the chief executive officer (CEO) and Managing Director (MD). Narendran, was serving as managing director...
Tata Steel,thyssenkrupp AG enters into a JV
Tata Steel,thyssenkrupp AG has signed Memorandum of Understanding(MoU) for joint venture of 50:50 for their European Assets. Flat steel business of both companies in Europe will be combined...
Tata Steel’s Sukinda Chromite Mine receives 4 awards from DGMS
Tata Steel‘s Sukinda Chromite Mine (SCM) in Jaipur district of Odisha has received four awards at the safety week organised by the Directorate General of...
Tata Steel divest its 50% holding in Tata Elastron
Tata Steel has divested its entire 50 percent stake in Tata Elastron SA for euro 0.368 million (around Rs 2.7 crore) to the joint venture...
Tata Steel’s Sukinda Chromite Mine has received 5 awards from IBM
Tata Steel‘s Sukinda Chromite Mine (SCM) which is located in Odisha’s Jajpur district, has got 5 awards that includes Par Excellence award as the best...
Tata Steel reports 28% increase in production for Q3
Tata Steel has posted a 28 percent increase in the saleable steel production to 3.2 million tonnes (MT) for the third quarter of the ongoing...
Tata Steel, Liberty House have signed LoI for UK specialty steel business
A letter of intent has been signed by the Tata Steel with Liberty House for selling its UK speciality steel business. The deal, that also...
Tata Steel is going to pay Rs 130 crore as annual bonus to its employees
Tata Steel, the private steel major is going to pay out a total of Rs 130 crore as an annual bonus to its eligible employees...